Further rate hikes to be expected in the U.S.

Ian Kernohan

14 June 2017

The US Federal Reserve (Fed) made little changes in the language or projections for further interest rate hikes. They acknowledged that inflation was running below target, but also that job gains have been solid. We expect another rate hike and some balance sheet normalisation before the end of the year.

The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author’s own and do not constitute investment advice.